SK ARMERING AS

3740 SKIEN

Finances

Share Ownership

Return on Equity

235,44 %

Current Ratio

0,78

Debt-to-Equity Ratio

−1,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 632 000	12 882 000	1 870 000	815 000
Net Income	−2 644 000	1 521 000	9 000	−52 000
Total Assets	7 161 000	4 178 000	763 000	188 000
Total Equity	−1 123 000	1 521 000	0	−9 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 632 000	12 882 000	1 870 000	815 000
Expenditure	29 235 000	10 906 000	1 857 000	867 000
Operating Profit	−2 603 000	1 976 000	13 000	−52 000
Financial Income	10 000	0	0	0
Financial Costs	72 000	32 000	4 000	1 000
Financial Balance	−62 000	−32 000	−4 000	−1 000
Earnings Before Tax	−2 665 000	1 944 000	9 000	−53 000
Tax	−22 000	423 000	0	−1 000
Net Income	−2 644 000	1 521 000	9 000	−52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 660 000	638 000	361 000	91 000
Total Current Assets	5 501 000	3 540 000	402 000	97 000
Total Assets	7 161 000	4 178 000	763 000	188 000
Total Retained Equity	−1 153 000	1 491 000	−30 000	−39 000
Total Equity	−1 123 000	1 521 000	0	−9 000
Total Long-Term Debt	1 263 000	552 000	401 000	62 000
Total Current Debt	7 020 000	2 105 000	361 000	135 000
Total Equity and Debt	7 161 000	4 178 000	763 000	188 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 084 000	12 882 000	1 870 000	815 000
Other Income	548 000	0	0	0
Revenue	26 632 000	12 882 000	1 870 000	815 000
Cost of Goods Sold	271 000	236 000	11 000	0
Salary Costs	21 516 000	9 029 000	1 309 000	620 000
Depreciation	199 000	95 000	26 000	9 000
Impairment	0	0	0	0
Expenditure	29 235 000	10 906 000	1 857 000	867 000
Operating Profit	−2 603 000	1 976 000	13 000	−52 000
Financial Income	10 000	0	0	0
Financial Costs	72 000	32 000	4 000	1 000
Financial Balance	−62 000	−32 000	−4 000	−1 000
Dividends	0	0	0	0
Net Income	−2 644 000	1 521 000	9 000	−52 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	17 000	0	0	0
Fixtures	1 546 000	638 000	361 000	91 000
Total Tangible Assets	1 563 000	638 000	361 000	91 000
Total Fiancial Fixed Assets	97 000	0	0	0
Total Fixed Assets	1 660 000	638 000	361 000	91 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	830 000	1 651 000	102 000	26 000
Total Current Assets	5 501 000	3 540 000	402 000	97 000
Total Assets	7 161 000	4 178 000	763 000	188 000
Total Equity	−1 123 000	1 521 000	0	−9 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 263 000	552 000	401 000	62 000
Creditors	795 000	−21 000	4 000	0
Unpaid Taxes	3 493 000	1 017 000	240 000	44 000
Dividends	0	0	0	0
Other Current Debt	2 732 000	708 000	117 000	90 000
Total Current Debt	7 020 000	2 105 000	361 000	135 000
Total Equity and Debt	7 161 000	4 178 000	763 000	188 000

Financial indicators	2022	2021	2020	2019
Return on Equity	235,44 %	100 %	-	577,78 %
Debt-to-Equity Ratio	−1,12	0,36	-	−6,89
Operating Profit Margin	−9,77 %	15,34 %	0,7 %	−6,38 %
Current Ratio	0,78	1,68	1,11	0,72
Quick Ratio	0,78	1,68	1,11	0,72
Equity Ratio	−0,16	0,36	0	−0,05
Gross Profit Margin	98,98 %	98,17 %	99,41 %	100 %